Marseilles, Illinois is seeking a federal Opportunity Zone designation for a corridor running from Bluff Street north to Interstate 55 and east of Rutland Street (Town Line Road), aiming to draw private investment and economic development to the LaSalle County city. The bid feeds Illinois' OZ 2.0 process: the state — which currently has 327 designated zones, 84 of them rural — is expected to nominate roughly 238 additional zones from about 950 eligible census tracts based on income and poverty data, ahead of the fall federal deadline.
Original reporting by Sarah Whitfield for Opportunity Zone Invest, an independent OZ 2.0 research site. Facts are drawn from the primary sources cited above per our editorial standards. Nothing here is tax, legal, or investment advice.
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